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Minor Breakout For Bitcoin by freeforever

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bitcoin · @freeforever ·
$0.86
Minor Breakout For Bitcoin
We finally managed to break out on the hourly chart:

![FireShot Capture 1095 - BTCUSD_ 8479.00 ▲+2.59% — Unn_ - https___www.tradingview.com_chart_AxIWekrr_.png](https://steemitimages.com/DQmTM6tdtPv5qziCq2ys3HRFTG37Pe8erRAv7yMi8byaohx/FireShot%20Capture%201095%20-%20BTCUSD_%208479.00%20%E2%96%B2%2B2.59%25%20%E2%80%94%20Unn_%20-%20https___www.tradingview.com_chart_AxIWekrr_.png)

Comment: Here you can clearly see that the pennant formation has been penetrated and we have also taken out the peak from yesterday at 8425 so this does look quite promising.

The next minor resistance level is around 8700 so look out what happens then (if we will get there).

Btw, Bitcoin is now up 2,6% for the day.

Happy trading!
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